earnings
confidence high
sentiment positive
materiality 0.80
MSA Safety Q2 2026 EPS $2.23 GAAP, $2.40 adjusted; sales up 6%; acquires Autronica for $555M
MSA Safety Inc
- Q2 GAAP EPS $2.23 (+40% YoY), adjusted EPS $2.40 (+24%); net sales $503M (+6% GAAP, +3% organic).
- Adjusted operating margin 24.1% (up 270 bps); free cash flow $83M, up 118% YoY.
- Announced acquisition of Autronica Fire and Security for ~$555M, closed in July; pro forma net leverage ~1.8x.
- Full-year outlook: low-double-digit total revenue growth, mid-single-digit organic, mid-single-digit from acquisitions.
- Returned $47M to shareholders via $26M buybacks and $21M dividends; raised annual dividend for 56th consecutive year.